Average retail price is based on total price of prescriptions (price of drug plus any mark-ups and professional dispensing fees) divided by estimated prescriptions
dispensed in Canadian retail pharmacies (excludes hospitals; includes retail new and refills).
Citation formats
Generic and brand name medicine average retail price in Canada 2004-2024
This statistic shows the comparison of average retail price development for brand name and the generic medicines in Canada from 2004 to 2024, per prescription. In 2024, the average retail price of brand name prescription drugs was almost *** Canadian dollars higher than the average retail price of generic medicines. In general, the price difference between these drug types increased dramatically over the shown period.
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Canadian Generic Pharmaceutical Association. (June 1, 2025). Canadian generic and brand name medicine average retail price per prescription from 2004 to 2024 (in Canadian dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/
Canadian Generic Pharmaceutical Association. "Canadian generic and brand name medicine average retail price per prescription from 2004 to 2024 (in Canadian dollars)." Chart. June 1, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/
Canadian Generic Pharmaceutical Association. (2025). Canadian generic and brand name medicine average retail price per prescription from 2004 to 2024 (in Canadian dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/
Canadian Generic Pharmaceutical Association. "Canadian Generic and Brand Name Medicine Average Retail Price per Prescription from 2004 to 2024 (in Canadian Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Jun 2025, /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/
Canadian Generic Pharmaceutical Association, Canadian generic and brand name medicine average retail price per prescription from 2004 to 2024 (in Canadian dollars) ÌÇÐÄÆƽâ°æ, /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/ (last visited August 01, 2026)
Canadian generic and brand name medicine average retail price per prescription from 2004 to 2024 (in Canadian dollars) [Graph], Canadian Generic Pharmaceutical Association, June 1, 2025. [Online]. Available: /statistics/473138/generic-versus-brand-name-medicine-retail-price-in-canada/
